Long term returns underpin Permian rig boost

Players including Pioneer Natural Resources and Apache increase drilling activities on their acreage in prolific US basin

Inventory: Apache chief executive John Christmann (left), and (right) an Apache rig drilling a horizontal well in the Wolfcamp shale section of the Permian basin in West Texas
Inventory: Apache chief executive John Christmann (left), and (right) an Apache rig drilling a horizontal well in the Wolfcamp shale section of the Permian basin in West Texas
Published 8 November 2017, 20:31Updated 8 November 2017, 20:31